shyam lal 04 July 2022

Sale of individual shares

As per registered WILL of the deceased father in respect to immovable property..

.Query without getting the mutation done in the municipal corporation can the share holders sell their irrespective shares just on basis of their deceased fathers WILL.

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This discussion explores whether shareholders can sell their individual shares based on a deceased father's will without first completing the mutation process with the municipal corporation. Legal advice suggests that selling property shares without mutation, even with a will, is not permissible. Further clarification is sought on the specific legal reasons behind this restriction.